REI Lense

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$2,824 (target)

11317 Route 166, Marion, IL 62959

3 beds • 2 baths • 1657 sqft

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This property might be a fair Mid-Term investment with a projected 1.77% first-year return on $72,579 initial cash invested.

1.77%

Cash On Cash

7.39%

Cap Rate

1.16

DSCR

$2,824

Rent

$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,824 income − $2,717 expenses = $107 cash flow

Income$2,824Mortgage P&I$1,38049%Property Taxes$30611%Insurance$702%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%Cash Flow$107

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,824

Total Expenses

$2,717

Mortgage P&I

49%

$1,380

Property Taxes

11%

$306

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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